Ep138 Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. He has been actively investing in Real Estate and Raw Land since 2001, and has completed over 5,000 unique transactions. Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company. Mark has achieved this level of success largely due to his core business philosophy – “Happy Customers Guaranteed.” Mark is the host of one of the top rated podcast in the Investing Category on iTunes aptly title The Best Passive Income Model. He is also the host of the Land Geek Podcast- Work Smart. Earn More. Learn How.
3 Key Points:
The raw undeveloped land market is an untapped real estate niche that if bought and sold correctly, can generate considerable passive income.
Selling raw undeveloped land doesn’t require rehab, renters, renovations, or rodent control. It can be done from a computer anywhere.
Life is a numbers game. Don’t be fearful and take risks when you can.
Episode Notes:
01:00 – Nathan’s introduction to today’s show
01:53 – Mark joins the show
02:39 – Bought 160 acres of raw undeveloped land for 6,200$. Sold for 54,000$
03:14 – Mark’s company sends direct offers to land holders that are accepted at a 3-5% rate
04:21 – Why selling raw land is an ultimate passive income model
04:50 – Specifics on how Mark’s company turns a profit
06:15 – Land investing is an untapped real estate niche that isn’t intuitively profitable (at first!)
07:15 – The business is still dependent on the market
07:37 – 12% consistent annual returns
09:13 – Mark’s total topline revenue in 2014 was over 1 million dollars
09:21 – Mark’s company’s passive income exceeds its fixed expenses – generating over 20K a month
10:26 – Mark’s company’s average ROI is over 1000% on owner financing and 300% on flips
11:21 – Nathan’s post-podcast experiment
11:51 – Buying correctly, the undeveloped land market is a reliable source of income
12:05 – Amazingly most of the work is automated with software for Mark’s company
13:51 – The Famous Five
Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Famous 5
Favorite Book?— Give and Take by Adam Grant
What CEO do you follow?— Elon Musk
What is your favorite online tool?— Voxer
Do you get 8 hours of sleep?— Yes
If you could let your 20 year old self know one thing, what would it be?— Don’t be fearful, be your authentic self, and understand that life is a numbers game. Take risks when you can.
Resources Mentioned:
Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
The Best Passive Income Model Podcast – Mark Podolsky’s podcast.
Thelandgeek.com – Resource for learning more about the raw undeveloped land market.
Voxer – Mark’s favorite communication tool.
Elon Musk – CEO Mark follows.
Give and Take by Adam Grant – Mark’s recommended business book.
Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

Problem Solvers with Jason Feifer features business owners and CEOs who went through a crippling business problem and came out the other side bigger and stronger. Feifer, Entrepreneur’s Editor in Chief, pulls these stories out so other business can avoid the same crippling problems.

Hear the dynamic voices behind our featured podcasts. Our hosts interview experts in the field, founders who solved real problems in their businesses, sports icons that translated their success on the field into serial business achievements, and influencers that help us understand what makes excellence possible.

1276 Workers on Oil Rigs Build Apps Using His Tool

James McDonough is a passionate entrepreneur, technology CEO and past top tier management consultant. James’ unique ability is being able to clearly see and deconstruct an entire complex situation, envision a better future and take practical action to blaze new trails. Using his unquenchable curiosity, structured problem solving and bold creativity, with a smile he energetically and relentlessly hunts opportunities to push boundaries. Over the past 15 years James has been the founder and CEO of an early stage venture capital backed tech company, led strategy and operational excellence engagements as a management consultant and got dirty on the shop floor of industrial operations. Industry experience includes Internet Technology, Oil & Gas, Mining, Forest & Pulp & Paper, Government and Consumer Goods. James’ international experience includes Australia, Canada, China, Germany, Japan, Malaysia and the USA. James has had the pleasure of being invited to deliver speaking engagements at a number of industry forums and top universities all over the world on a range of topics including entrepreneurship, innovation, industrial internet of things (IIoT), and was an honorable mention in Australia’s 30under30. James has earned a MBA - Master of Business Administration, Honours in Business Management, and a Black Belt in LEAN Six Sigma. James is an obsessive book-a-week learner, a passionate traveler and enjoys kiteboarding, snowboarding and ice hockey.

1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

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Mark Simon is the co-founder of Brax where he helps performance marketers scale, automate and simplify native advertising. Previously he helped e-commerce and software companies acquire customers through organic & paid search. He loves data visualization, nutrition and everything outdoors which is his excuse for taking his kids on crazy adventures.

An accomplished, published, and recognized academic leader in Data Analytics and a Business Visionary, Derek spearheaded techniques to analyze structured and unstructed data from resources around the web in order to create predictive algorithms for companies across the globe. This knowledge became the foundation of his passion, Stratifyd.

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Matthew is the founder and CEO of Qebot, helping businesses across the globe access and utilize software in a more productive way. Prior to Qebot, Matthew established a presence in mobile advertising and SMB marketing. His time with a very predominant marketing agency led Matthew to found and build Qebot.

Entrepreneur, SaaS Enthusiast, Behavioral Economics Fan, has strong Sales background, leads one of the largests SaaS in Brazil and fosters the local start-up and tech ecosytem since the early 2000s. Has Business Administration degree and specializations in Sales and Marketing.

CheeTung is committed to bring the same level of analytics, sophistication, and scientific rigour to managing people as is currently applied to managing finance and customers. He is the CEO of EngageRocket. Before becoming an entrepreneur, he was Regional Director of Gallup in Southeast Asia. He read Economics at the University of Cambridge, and has an MA in Political Science from Columbia University.

James is the co-founder and CEO of Shufflrr, the leading presentation management SaaS that transforms presentations from one-and-done decks to enterprise assets. From creation, to distribution, to presentation and sharing, to reporting and then updating, Shufflrr streamlines the presentation process, so clients get higher ROI on their investment in content, better control of their message and overall increased productivity.

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1255 How This 27 Year Old Went from $0 to $70k in MRR in 6 months

1254 Detectify Grew 3x Over Last Year to $1.5m in ARR

CEO and co-founder of Detectify. Background as geek with MSC in applied physics, went to management consulting, but then back to technology again with Detectify. From Sweden, lived in multiple countries including US and India.

Samir, the CEO and founder of GetAccept who believes that great companies are built by passionate individuals who focus on execution and teambuilding. Husband and father of 2 kids who is convinced that the day has 28 hours. You can sleep when you die!

1252 Typeform Now At $19m ARR, 50m Forms Each Month, 40,000 Customers

David Okuniev was born in Belgium and later educated in England, David Okuniev started his professional career as a musician. Expression through music soon turned to expression through product and brand design, which led to David founding the Barcelona-based design studio, Fat-Man-Collective. From working in the same co-working space, David later met Robert Muñoz, and the two co-founded Typeform. Today, David is joint CEO and sweats over everything Vision, product & design related.

1251 Why MailJet Founder Left, Despite Fast Growth, $10m+ in ARR

Hi! I am a 32 yo french entrepreneur and startup advisor. Former COO of Mailjet which I co-founded in 2010, I raised 17M$ and built a team of 25 people on 4 continents. I am now entirely focused on my new venture – Onvey.io – which aims to grow into a SaaS Hub.

1250 Incentive Every Employee to Sell Using This Tool, $80k in MRR

Patrick is a life-long entrepreneur who has successfully built multiple companies and salesforces, always with an interest in leveraging technology to improve on processes. Energetic and inventive, Patrick is passionate about people's ability to completely change; by changing the story they tell themselves. A self-confessed "freak" about studying habits, routines and easier ways to do things, Patrick's purpose in life is to always be learning and helping others. He loves to seek out new concepts and strategies to improve his own life, find out what works and then share them. Patrick originally created the ideas behind RapidFunnel to help his own salesforce. They were so incredibly effective that it spawned the idea for RapidFunnel, the company. Personally speaking... Patrick has had a life long interest in good health, shaped by his Mom who owned a chain of health food stores. He enjoys mountain biking, crossfit, yoga and pilates. He loves bouncing ideas off of his wife, skiing with his three kids and watching superhero movies with his son. He also admits to holding on to his collection of superhero comics, which carried him through his childhood struggles with dyslexia.

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1248 Bootstrapped Appointment Scheduling Tool Hits $1m ARR

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1247 This SaaS Product Has No Website but Does $3m in ARR, How?

CEO and co-founder of Burt, where we build data intelligence companies. In a previous life, I hustled in e-commerce, developed award winning marketing campaigns and spent way too much at advertising and internet technology conferences, presenting at events such as Cannes Lions, Web 2.0, DEMO and Techcrunch50.

Smart Way to Buy Profitable Land with Mark Podolsky of Landgeek

Ep138 Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. He has been actively investing in Real Estate and Raw Land since 2001, and has completed over 5,000 unique transactions. Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company. Mark has achieved this level of success largely due to his core business philosophy – “Happy Customers Guaranteed.” Mark is the host of one of the top rated podcast in the Investing Category on iTunes aptly title The Best Passive Income Model. He is also the host of the Land Geek Podcast- Work Smart. Earn More. Learn How.
3 Key Points:
The raw undeveloped land market is an untapped real estate niche that if bought and sold correctly, can generate considerable passive income.
Selling raw undeveloped land doesn’t require rehab, renters, renovations, or rodent control. It can be done from a computer anywhere.
Life is a numbers game. Don’t be fearful and take risks when you can.
Episode Notes:
01:00 – Nathan’s introduction to today’s show
01:53 – Mark joins the show
02:39 – Bought 160 acres of raw undeveloped land for 6,200$. Sold for 54,000$
03:14 – Mark’s company sends direct offers to land holders that are accepted at a 3-5% rate
04:21 – Why selling raw land is an ultimate passive income model
04:50 – Specifics on how Mark’s company turns a profit
06:15 – Land investing is an untapped real estate niche that isn’t intuitively profitable (at first!)
07:15 – The business is still dependent on the market
07:37 – 12% consistent annual returns
09:13 – Mark’s total topline revenue in 2014 was over 1 million dollars
09:21 – Mark’s company’s passive income exceeds its fixed expenses – generating over 20K a month
10:26 – Mark’s company’s average ROI is over 1000% on owner financing and 300% on flips
11:21 – Nathan’s post-podcast experiment
11:51 – Buying correctly, the undeveloped land market is a reliable source of income
12:05 – Amazingly most of the work is automated with software for Mark’s company
13:51 – The Famous Five
Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Famous 5
Favorite Book?— Give and Take by Adam Grant
What CEO do you follow?— Elon Musk
What is your favorite online tool?— Voxer
Do you get 8 hours of sleep?— Yes
If you could let your 20 year old self know one thing, what would it be?— Don’t be fearful, be your authentic self, and understand that life is a numbers game. Take risks when you can.
Resources Mentioned:
Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
The Best Passive Income Model Podcast – Mark Podolsky’s podcast.
Thelandgeek.com – Resource for learning more about the raw undeveloped land market.
Voxer – Mark’s favorite communication tool.
Elon Musk – CEO Mark follows.
Give and Take by Adam Grant – Mark’s recommended business book.
Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop
The Top is FOR YOU if you are:
A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)
STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)
An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)
The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop